Christian Keszthelyi

Visits

Orbán: Brussels not doing enough about immigrants

In the face of the current “migration period”, Europe should remain a place for Europeans, and a “Hungarian Hungary” should be...

Issues

Varga: Lower retirement age would mean cuts to pensions

If Hungarian voters approve a proposed referendum that would make it legal for men to retire after 40 years of...

Tourism

Rogán: Fence could be completed by November

The fence the Hungarian government is currently building on the Serbian border to prevent the influx of illegal immigrants into...

Analysis

Report: MNB buys rare coin collection for HUF 1.1 bln

The National Bank of Hungary (MNB) purchased a rare coin collection of silver Thaler coins minted in Transylvania between the...

Competition

Report: All personal data breaches will have to be recorded

The recently approved amendment to the Hungarian Information Act aims to tighten the conditions of processing data through the doubling...

History

U.S. Embassy welcomes tax chief’s resignation

The Hungarian U.S. Embassy welcomes the resignation of Ildikó Vida (pictured), the former head of the National Tax and Customs...

Tourism

Report: Refugees arrive to Budapest in locked wagons

Workers of state-owned railway company MÁV lock the doors of wagons in which refugees travel, from the outside, and only...

History

Fidesz-friendly survey finds support for fence on the Serbian border

Most everyone has heard about the temporary fence on the Serbian border, and 61% support the idea, while 27% are...

Retail

Report: Tax office faces shortage of employees

Last year so many employees left Hungary’s National Customs and Tax Authority (NAV) that their numbers could easily make up...

Awards

Happnʼs path crosses Budapest

Dating smartphone application Happn has been launched in Budapest, according to a press release issued by the company today. The...

Visits

Report: Orbán speech will outdo ‘illiberal democracy’ shocker

Prime Minister Viktor Orbán will return to the open university of Bálványos in Romania – where he made last year’s notorious...

Deals

HVG: MOL is the largest company in Hungary

Hungarian oil and gas company MOL is the largest company in Hungary, followed by German carmaker Audi’s Hungarian subsidiary and...

Food

KSH: Hungary’s retail sales up 4.4% in May

Retail sales in Hungary saw a year-on-year rise of 4.4% in May, the Central Statistical Office (KSH) said today, and...

History

Report: Tax chief wanted to leave when U.S. scandal surfaced

Ildikó Vida, head the National Tax and Customs Authority (NAV), offered to resign from her position last year when she...

Tourism

Survey: Number of new companies in Hungary falls 22% in H1

The number of companies established in the first half of the year saw a year-on-year fall of 22% in Hungary,...

Analysis

Done Well, 4-day Week Could Boost Productivity, Employee Happiness

At face value, a four-day workweek looks tempting for the employee, but what about the employer? It could significantly benefit...

Manufacturing

Ganz Intelligent Solutions Launches new Tech for Transformers

Storied Hungarian manufacturer Ganz has introduced new technology that helps transformers reach their peak performance, saving costs and contributing towards...

Analysis

Banks Enjoy Digital Advances, Serving Increasingly Tech-savvy Customers

If anything, the adage of technology disrupting every industry is amplified in banking. Beyond the usual suspects of AI and...

Analysis

Economic Strains Grow, but Banks Will Weather the Storm

Rising inflation, the escalating energy crisis, interest rate freezes, and extra taxes have increased the strain on banks operating in...

Automotive

Global Energy Crisis Increases Electric Vehicle Expenditure

With motorists eyeing greener transport options, electric vehicles are gaining ground in Hungary. Yet, driving a pure EV has gotten...

Analysis

Chameleon Smart Home Solutions Developer Enters BSE Xtend

Innovative home solutions are rising in Hungary, even if the market lags internationally. Chameleon Smart Home Plc. recently floated its...

Automotive

Investment Prospects from China to Lift Automotive Sector in 2023

2023 comes with a challenging outlook, and the automotive industry seems likely to remain vulnerable to economic headwinds. However, for...

Analysis

SSCs Mature Into GBSs as They Provide Higher Added-value Functions

As shared services centers have graduated to business services centers and now, increasingly, to global business services centers, the industry’s...

Automotive

AutoWallis’s new Partnership, Acquisition Boosts 2023 Business Outlook

In less than 24 hours, the AutoWallis Group announced an acquisition (and hence entrance to anew market) and asustainable energy...

Telco

Consolidating Telcos Battle Challenges as Data Thirst Grows

The consolidating Hungarian telecommunications market is shaped by a handful of drivers mainly fuelled by technological advancement, changing customer behavior,...

Automotive

Speeding Automotive Sector Lifts Industrial Output but Future ‘Uncertain’

The automotive sector, Hungary’s leading manufacturing segment, has shown accelerated growth recently, boosting the headline industrial figure. While the improved...

Sustainability

Green Transition Comes with Challenges, Many Long-term Benefits

As Europe grapples with its energy crisis, more businesses in Hungary are thinking about making their operations greener and more...

Analysis

Challenges Await in Booming IT Integrators’ Market

The pandemic gave a much-needed push for businesses toward digital transformation, which has lifted the profile of IT integrators and...

Automotive

Incentives Boost E-car Adoption but Raise tax Uncertainties

Incentives and benefits created to bolster the broader adoption of electric vehicles are helping lift sales. But as rules and...

Telco

Normalizing 5G Sentiment Opens way to Expanding Services

Even as the Hungarian market is getting used to fifth-generation technology on the residential side of the business, the corporate...

Done Well, 4-day Week Could Boost Productivity, Employee Happiness

At face value, a four-day workweek looks tempting for the employee, but what about the employer? It could significantly benefit...

Ganz Intelligent Solutions Launches new Tech for Transformers

Storied Hungarian manufacturer Ganz has introduced new technology that helps transformers reach their peak performance, saving costs and contributing towards...

Banks Enjoy Digital Advances, Serving Increasingly Tech-savvy Customers

If anything, the adage of technology disrupting every industry is amplified in banking. Beyond the usual suspects of AI and...

Economic Strains Grow, but Banks Will Weather the Storm

Rising inflation, the escalating energy crisis, interest rate freezes, and extra taxes have increased the strain on banks operating in...

Global Energy Crisis Increases Electric Vehicle Expenditure

With motorists eyeing greener transport options, electric vehicles are gaining ground in Hungary. Yet, driving a pure EV has gotten...

Chameleon Smart Home Solutions Developer Enters BSE Xtend

Innovative home solutions are rising in Hungary, even if the market lags internationally. Chameleon Smart Home Plc. recently floated its...

Investment Prospects from China to Lift Automotive Sector in 2023

2023 comes with a challenging outlook, and the automotive industry seems likely to remain vulnerable to economic headwinds. However, for...

SSCs Mature Into GBSs as They Provide Higher Added-value Functions

As shared services centers have graduated to business services centers and now, increasingly, to global business services centers, the industry’s...

AutoWallis’s new Partnership, Acquisition Boosts 2023 Business Outlook

In less than 24 hours, the AutoWallis Group announced an acquisition (and hence entrance to anew market) and asustainable energy...

Consolidating Telcos Battle Challenges as Data Thirst Grows

The consolidating Hungarian telecommunications market is shaped by a handful of drivers mainly fuelled by technological advancement, changing customer behavior,...

Speeding Automotive Sector Lifts Industrial Output but Future ‘Uncertain’

The automotive sector, Hungary’s leading manufacturing segment, has shown accelerated growth recently, boosting the headline industrial figure. While the improved...

Green Transition Comes with Challenges, Many Long-term Benefits

As Europe grapples with its energy crisis, more businesses in Hungary are thinking about making their operations greener and more...

Challenges Await in Booming IT Integrators’ Market

The pandemic gave a much-needed push for businesses toward digital transformation, which has lifted the profile of IT integrators and...

Incentives Boost E-car Adoption but Raise tax Uncertainties

Incentives and benefits created to bolster the broader adoption of electric vehicles are helping lift sales. But as rules and...

Normalizing 5G Sentiment Opens way to Expanding Services

Even as the Hungarian market is getting used to fifth-generation technology on the residential side of the business, the corporate...